{"id":144341,"date":"2023-04-27T09:16:42","date_gmt":"2023-04-27T13:16:42","guid":{"rendered":"https:\/\/44.250.171.167\/?p=144341"},"modified":"2023-04-27T09:16:44","modified_gmt":"2023-04-27T13:16:44","slug":"shriram-finance-ltd-q4fy23-results-out-profit-soars-by-18","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/shriram-finance-ltd-q4fy23-results-out-profit-soars-by-18\/","title":{"rendered":"Shriram Finance Ltd Q4FY23 results out, Profit soars by 18%"},"content":{"rendered":"\n<p>Shriram Transport Finance Company Ltd is a part of the SHRIRAM Group conglomerate which has a significant presence in the financing business. STFC is engaged in the business of commercial vehicle financing mainly focusing on trucks from preowned to new ones. It&#8217;s a Deposit-taking NBFC comprising 1,758 branches, 831 rural centers, and partnerships with ~500 private financiers.\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Shriram Finance reported Total revenue for Q4 FY23 of \u20b97,966 Crore, up from \u20b95,082 Crore year on year depicting a growth of 57%.<\/li><li>Total Expenses for Q4 FY23 of \u20b96,129 Crore up, from \u20b93,737 Crore year on year, a growth of 64%.\u00a0<\/li><li>Consolidated Net Profit of \u20b91,285 Crore, up 18% from \u20b91,086 Crore in the same quarter of the previous year.\u00a0<\/li><li>The Earnings per Share is \u20b933.82, down 16% from \u20b940.34 in the same quarter of the previous year.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/11a28025-993f-4f83-94e0-6ccfd925ae9a-3-1-1024x512.png\" alt=\"\" class=\"wp-image-144345\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/11a28025-993f-4f83-94e0-6ccfd925ae9a-3-1-1024x512.png 1024w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/11a28025-993f-4f83-94e0-6ccfd925ae9a-3-1-300x150.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/11a28025-993f-4f83-94e0-6ccfd925ae9a-3-1-768x384.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/11a28025-993f-4f83-94e0-6ccfd925ae9a-3-1-1536x768.png 1536w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/11a28025-993f-4f83-94e0-6ccfd925ae9a-3-1-2048x1024.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Shriram Transport Finance Company Ltd is a part of the SHRIRAM Group conglomerate which has a significant presence in the financing business. STFC is engaged in the business of commercial vehicle financing mainly focusing on trucks from preowned to new ones. It&#8217;s a Deposit-taking NBFC comprising 1,758 branches, 831 rural centers, and partnerships with ~500 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,1],"tags":[9744,9708,11860],"class_list":["post-144341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-finance-stocks","tag-commercial-vehicles","tag-nbfc","tag-vehicle-loan"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":166513,"url":"https:\/\/alphastreet.com\/india\/shriram-finance-ltd-q3fy25-73-rise-in-profits\/","url_meta":{"origin":144341,"position":0},"title":"Shriram Finance Ltd Q3FY25; 73% rise in Profits","author":"Chirag Gupta","date":"January 24, 2025","format":false,"excerpt":"Shriram Transport Finance Company Ltd is a part of the SHRIRAM Group conglomerate which has a significant presence in the financing business. 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